M R Worthing Ltd

Key Facts

Net Assets

Current: £2,249

Previous: £2,468

Change: -219 (-8.9%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £15,480

Previous: £30,860

Change: -£15,380 (-49.8%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £12,500

Previous: £22,616

Change: -£10,116 (-44.7%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £18,356

Previous: £3,957

Change: +£14,399 (+363.9%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £34,937

Previous: £22,978

Change: +£11,959 (+52%)

Comment: Fixed assets increased significantly.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 13

Previous: 12

Change: +1 (+8.3%)

Comment: Slight growth.